Governance, Risk Management and Internal Control - Mazars - Italy

Because of our prominent market presence and our involvement within international accounting standard setting bodies, we have insights in and are aware of any changes in accounting regulations at a very early start.

This means we can anticipate quickly and help adapt your accounts to meet these new regulations – to help you maintain the trust of investors and optimise risk management.

Our experts in professional standards and regulations will support you as you get used to new accounting principles. We offer you:

• Updates in changes to regulations
• Analysis of new guidelines and their impact on your organisation
• Training
• Assistance in producing regulatory statements
• Forecasting

As you work on a more global scale and expand your operations you will outsource, relocate and work with subsidiaries. This means you need to adapt the way that you evaluate performance, shareholder profitability and improve transparency. We work in the following areas to help you manage risks and optimise your processes in this more complex environment:

• Structuring activity
• Providing operational audits and process optimisation
• Providing specialised consultants
• Drafting operational procedures
• Evaluating internal audit functions

We can improve risk management by:

• Mapping risks
• Processing risks
• Brainstorming action plans

Internal controls have become the object of increasingly demanding legislation – from the US Sarbanes Oxley Act, to the 4th, 7th and 8th European Directives, Solvency II, Basel II, Financial Security Law .,. Compliance with these regulations can often be overwhelming - but it is essential.

Would you like an insight into your business operations to minimise future risks? We can help by installing management and administration systems. We help you comply with these regulations through:

• Training
• Project management
• Evaluating internal controls
• Creating and implementing internal control frameworks
• Establishing internal control report
• Assisting with SAS 70 (Type I or II) reports
• Etc.

We can call on the local expertise of our global, integrated partnership at any time.